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Strategies & Market Trends : TA- Scans and System Tests

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To: Rob Kipp who wrote (860)8/13/1997 10:43:00 AM
From: jeanne sullivan   of 989
 
Notice #9 on the list (INAI). Get used to seeing it on this list. If I'm right, the shares are breaking out on heavy volume ahead of their earnings announcement (due 8/21) and a MAJOR week-long conference coming up on 8/24.

Last year this conference took place in the May timeframe. Check the chart for what happened then. One difference -- this time I don't think it's coming back down. Check a seven-year chart and you'll see that it's getting ready to take off.

My near-term (calendar 1997) target is $7-8 a share. Good Luck !

: )

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